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The Yam Protocol Will Migrate Old Tokens to an Audited Contract

Published 08/14/2020, 12:00 PM
Updated 08/14/2020, 02:00 PM
The Yam Protocol Will Migrate Old Tokens to an Audited Contract

After the original Yam Finance protocol collapsed due to a single line of code, its developers are planning to relaunch the project on new, audited smart contracts.

In a blog post published on Friday, the developers outlined a migration plan that will see the already existing tokens get transferred on a new smart contract with a properly functioning rebase.

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